‏“‏Al-Waha” obtains SR 40 mln loan from Industrial Development ‎Fund ‎

Zahrat Al-Waha Trading Company announced obtaining a loan from the Saudi Industrial Development Fund at a value of 40 million riyals in order to finance working capital

The company stated, in a statement on Tadawul today, that the financing period is two years, and the guarantees provided in exchange for financing are represented by a promissory note submitted by the company for the total value of the loan, and a mortgage bond for the company’s assets.